Fidelity vs Charles Schwab
Charles Schwab comes out ahead of Fidelity on 1 of the 6 things that decide this, going by what each company publishes and what independent review sites report. The one that matters for you may be one the leader loses.
The verdict
Charles Schwab takes it, 1–0 on rounds.
On the published figures and the independent review sites, Charles Schwab takes 1 of 6 rounds. Treat that as a starting point and check the current figures on both pages, because prices and plans move.
Choose Fidelity if…
- • You have a reason to pick Fidelity that is not on this list
Choose Charles Schwab if…
- • You want Charles Schwab's edge on what customers say on trustpilot
Round by round
- Round 1What customers say on TrustpilotCharles Schwab winsFidelity5/10
1.3 out of 5
TrustScore from 1,169 reviews on Trustpilot
- 1.3 out of 5, against 1.5 out of 5
Source: trustpilot.com ↗
Charles Schwab wins this round on independent review-site data, not on its own claims.
- Round 2What an options contract costsTie
Nothing to separate them here.
- Round 3What borrowing on margin costsTieFidelity7/10
10.625%
Margin interest rate for $50,000–$99,999 debit balance
- margin rate on a 50,000 dollar balance, 18 September 2026
Source: investingintheweb.com ↗
Charles Schwab7/1010.625%
Effective Rate
- margin rate on a 50,000 dollar balance
Source: investingintheweb.com ↗
Nothing to separate them here.
- Round 4What StockBrokers.com scored itTieFidelity7/10
Not stated
fidelity.com does not state a StockBrokers.com '5 out of 5 stars' rating anywhere. Awards pages cite StockBrokers.com only as award rankings ('#1 Overall Broker 2024', 'Best in Class Overall 2025 and
- StockBrokers.com rating
Source: stockbrokers.com ↗
Charles Schwab7/10Not stated
schwab.com does not state a StockBrokers.com '5 out of 5 stars' rating. Checked homepage, awards page, compare-us, trading, thinkorswim, and why-schwab pages — all cite StockBrokers.com 2026 Annual Aw
- StockBrokers.com rating
Source: stockbrokers.com ↗
Nothing to separate them here.
- Round 5What a stock trade costsTie
Nothing to separate them here.
- Round 6What it takes to open an accountTie
Nothing to separate them here.
Side by side
- margin rate on a 50,000 dollar balance, 18 September 2026
- StockBrokers.com rating
- margin rate on a 50,000 dollar balance
- StockBrokers.com rating
- 1.3 out of 5, against 1.5 out of 5
- 65 cents, against 0 cents
- 1.3 out of 5, against 3.9 out of 5
- 1,169 reviews, against 14,081 reviews
- 65 cents, against 0 cents
- 1.5 out of 5, against 3.9 out of 5
- 782 reviews, against 14,081 reviews
- 11.825%, against 5.20%